(FMY) First Trust Mortgage Income - Ratings and Ratios
Bond, Securities, Mortgages, Investments
Description: FMY First Trust Mortgage Income
The First Trust Mortgage Income Fund (FMY) is a USA-originated, multisector bond fund that offers a diversified portfolio focused on mortgage-related securities, providing a steady income stream to investors.
From a technical analysis perspective, FMYs recent price action indicates a stable trend, with the stock currently trading at $12.15, slightly above its 20-day and 50-day simple moving averages (SMA20 and SMA50) of $12.05 and $11.99, respectively. The stock is also above its 200-day SMA of $11.78, suggesting a longer-term uptrend. The Average True Range (ATR) of 0.14 represents a relatively low volatility, equivalent to 1.18% of the current price.
With Assets Under Management (AUM) of $54.85 million, FMY is a relatively small fund. However, its focused investment strategy in mortgage-related securities can potentially provide a niche advantage in generating income for investors.
Based on the technical and fundamental data, a forecast for FMY can be made. Given the current stable trend and low volatility, its likely that FMY will continue to trade within a narrow range in the short term. However, considering its AUM and the current interest rate environment, theres potential for FMY to attract more investors seeking income-generating assets, potentially driving the price up towards $12.30 in the near term. Conversely, if interest rates were to rise significantly, FMYs mortgage-focused portfolio might face challenges, potentially leading to a decline in price. Therefore, a prudent forecast would be for FMY to trade between $12.00 and $12.30, with a potential upside target of $12.50 if the current trend continues.
FMY Fund Overview
| Market Cap in USD | 55m |
| Style | Multisector Bond |
| TER | 2.45% |
| IPO / Inception | 2005-05-25 |
FMY Fund Ratings
| Growth Rating | 44.7 |
| Fundamental | 45.0% |
| Dividend Rating | 78.7 |
| Rel. Strength | 12.9 |
| Analysts | - |
| Fair Price Momentum | 12.31 USD |
| Fair Price DCF | - |
FMY Dividends
| Dividend Yield 12m | 7.41% |
| Yield on Cost 5y | 8.88% |
| Annual Growth 5y | 5.83% |
| Payout Consistency | 93.1% |
| Payout Ratio | % |
FMY Growth Ratios
| Growth Correlation 3m | 85.6% |
| Growth Correlation 12m | 77.8% |
| Growth Correlation 5y | 49.7% |
| CAGR 5y | 4.12% |
| CAGR/Max DD 5y | 0.21 |
| Sharpe Ratio 12m | 1.56 |
| Alpha | 0.81 |
| Beta | 0.055 |
| Volatility | 9.79% |
| Current Volume | 13.3k |
| Average Volume 20d | 2.8k |
| Stop Loss | 11.8 (-3.3%) |
ValueRay F-Score (Strict, 0-100) 45.00
| 1. Piotroski 0.0pt = -5.0 |
| 2. FCF Yield data missing |
| 3. FCF Margin data missing |
| 4. Debt/Equity data missing |
| 5. Debt/Ebitda data missing |
| 6. ROIC - WACC data missing |
| 7. RoE data missing |
| 8. Revenue Trend data missing |
| 9. Revenue CAGR data missing |
| 10. EPS Trend data missing |
| 11. EPS CAGR data missing |
As of August 13, 2025, the stock is trading at USD 12.20 with a total of 13,261 shares traded.
Over the past week, the price has changed by -0.57%, over one month by -0.08%, over three months by +2.93% and over the past year by +5.99%.
No, based on ValueRay´s Fundamental Analyses, First Trust Mortgage Income (NYSE:FMY) is currently (August 2025) a stock to sell. It has a ValueRay Fundamental Rating of 45.00 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FMY is around 12.31 USD . This means that FMY is currently overvalued and has a potential downside of 0.9%.
First Trust Mortgage Income has no consensus analysts rating.
According to our own proprietary Forecast Model, FMY First Trust Mortgage Income will be worth about 13.5 in August 2026. The stock is currently trading at 12.20. This means that the stock has a potential upside of +10.25%.
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 13.5 | 10.2% |
FMY Fundamental Data Overview
[93m CCE Cash And Equivalents = unknown
[39m[93m Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
[39m Beta = None
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
[93m Long Term Debt = unknown (none)
[39m[93m Short Term Debt = unknown (none)
[39m[93m Debt = unknown
[39m[93m Net Debt = unknown
[39m Enterprise Value = 54.9m USD (54.9m + (null Debt) - (null CCE))
[93m Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
[39m[93m FCF Yield = none (FCF TTM 0.0 / Enterprise Value 54.9m)
[39m[93m FCF Margin = unknown (Revenue TTM is 0)
[39m[93m Net Margin = unknown
[39m[93m Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
[39m[93m Tobins Q-Ratio = unknown (Enterprise Value 54.9m / Book Value Of Equity 0.0)
[39m Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
[93m Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
[39m[93m Debt / Equity = unknown Debt (none)
[39m[93m Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
[39m[93m Debt / FCF = none (Debt none / FCF TTM 0.0)
[39m[93m Total Stockholder Equity = unknown
[39m[93m RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
[39m[93m RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
[39m[93m RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
[39m[93m WACC = unknown (E(54.9m)/V(0.0) * Re(6.22%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
[39m Discount Rate = 6.22% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[93m Fair Price DCF = unknown (Cash Flow 0.0)
[39m
Additional Sources for FMY Fund
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Fund Manager Positions: Dataroma | Stockcircle